Friday 29 March 2024
 
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Meethaq

Oman's A’Saffa Foods inks $81m Islamic finance deal

A’Saffa Foods, a fully integrated poultry and processed food producer based in Oman, said it has secured a RO31.5 million ($81.5 million) loan from Meethaq, the Islamic banking unit of Bank Muscat, to finance its robust expansion plans.

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Oman's A’Saffa Foods inks $81m Islamic finance deal

A’Saffa Foods, a fully integrated poultry and processed food producer based in Oman, said it has secured a RO31.5 million ($81.5 million) loan from Meethaq, the Islamic banking unit of Bank Muscat, to finance its robust expansion plans.

More…

Meethaq to provide Islamic finance to OMPC

Oman-based Meethaq, the Islamic banking unit of Bank Muscat, recently signed an agreement to provide Islamic finance to the Oman Munition Production Company (OMPC) set up by the Ministry of Defence, said a report. Mohammed bin Nas

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Meethaq to finance poultry farm in Oman

Meethaq, a top Islamic banking provider in Oman, has signed a contract to provide finance for Dar Al Tomouh to set up a first-of-its-kind commercial contract chicken farming project, a report said. The project with an annual produ

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Meethaq backs Oman poultry farm project

Oman-based Meethaq, a leader in Islamic banking, has signed an agreement to provide Islamic project finance for Dar Al Tomouh Company to set up a first-of-its-kind commercial contract chicken farming project in the sultanate, said a report.

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Meethaq in finance deal for new Oman factory

Oman-based Meethaq, a leader in Islamic banking, has partnered with Ceramica Al-Hae’l, a joint Omani-Qatari company, to provide financing facilities to build a factory for producing ceramic and porcelain products, a report said.

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Meethaq in finance deal for new Oman factory

Oman-based Meethaq, a leader in Islamic banking, has partnered with Ceramica Al-Hae’l, a joint Omani-Qatari company, to provide financing facilities to build a factory for producing ceramic and porcelain products, a report said.

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Meethaq signs $202m finance deal with OSC

Meethaq Islamic Banking, a unit of Bank Muscat, and Oman Shipping Company (OSC) have signed a RO78 million ($202.4 million) agreement to refinance existing very large crude carriers (VLCCs). The VLCCs, owned and operated by OSC, t

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KFH inks Islamic banking deal with Meethaq

Kuwait Finance House (KGH)-Bahrain has signed a deal with Meethaq Islamic Banking Group, a unit of Bank Muscat, to support joint business opportunities in the Islamic banking sector. This relates to areas of treasury transactions,

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Bank Muscat to launch Islamic banking arm

Bank Muscat, Oman's largest bank by assets, will set up a sharia-compliant banking arm, it said in a statement, becoming the latest financial institution to announce plans to operate in the Islamic finance sector. Operating under the Meeth

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